According to a litigation statistics report issued by WebRecon LLC, consumer lawsuits alleging violation of the Fair Credit Reporting Act increased by nearly 60% in September from the prior month.  That increase “keeps it in line with the aggressive growth in recent years.”

FCRA filings increased 58.4% from 351 in August to 556 in September of this year.  Year-to-date filings under the FCRA increased 13.5% from January to September of 2017.

WebRecon reports the following month-by-month FCRA litigation filings so far in 2017:

January 2017 – 418 filings

February 2017 – 256 filings

March 2017 – 406 filings

April 2017 – 266 filings

May 2017 – 378 filings

June 2017 – 386 filings

July 2017 – 302 filings

August 2017 – 351 filings

September 2017 – 556 filings

Surprisingly, year-to-date FCRA and TCPA filings are both down more than 6%.  Last month, consumers filed putative class actions in 23.7% of FDCPA lawsuits, 18% of TCPA lawsuits, and 44.1% of FCRA lawsuits.

Troutman Sanders will continue to monitor these developments and provide further updates as they are available.